Global Fertilizers & Agricultural Chemicals Manufacturing
The Global Fertilizers and Agricultural Chemicals Manufacturing industry produces synthetic fertilizers, pesticides and other agricultural chemicals. Therefore, the industry plays an essential role in ensuring that the world's agricultural production systems are economically efficient in the short term and sustainable in the long term. In the years leading up to the reporting period, fertilizer and agrochemical demand increased in both traditional and emerging markets, where food pressures have led to calls for higher agricultural productivity and crop yields. Over the five years to 2024, the industry's performance is anticipated to hinge on demand growth from the United States, an expected increase in demand from emerging economies in Asia and the Americas and new industry operations in emerging markets, such as Asia, Africa and the Middle East. With crop prices and production forecast to rise globally, farmers are expected to increasingly demand industry products.
This industry formulates and prepares fertilizer products, pesticides (e.g. herbicides, insecticides and fungicides) and other agricultural chemicals (e.g. insect repellents, sheep dips, fly sprays and flea powders). Key markets serviced include the agricultural sector, households and various commercial and industrial users.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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